Report: C7 Corvette Stingray to be Sold in China

We’ve heard all about the high prices some dealers in the U.S. are planning to charge for the new seventh-generation Corvette, but they’re nothing compared to what Chinese sports car enthusiasts will have to pay if they want to drive a new Stingray.

Reports from CarNewsChina.com say that the Corvette will be available in China in the first half of 2014, with the official debut likely in November at the Guangzhou Auto Show.

But the Chinese should get ready to shell out some serious cash for the new Corvette.

While the Stingray will have a base price of $51,995 in the United States, import taxes will jack that price in China up to 1.5 million yuan or $245,000 in U.S. dollars.

Just think, you could buy four Corvettes in the States for the price of one in China!

Unfortunately, Chevrolet won’t be the one making the big profit on the car; the government in China will.

It’s interesting, though, that at even with the huge tax, the Corvette – as it is in the U.S. – is still a relative bargain, considering that a Maserati GranTurismo goes anywhere from $327,000 to around $400,000 over there.